Gary McFarlane
Last updated:
June 25, 2024 at 20:41 GMT+3
| 5 min read
The crypto learning platform 99Bitcoins($99BTC) has advanced to the next stage of its highly anticipated presale.
With a user base exceeding 700,000 and over 2 million registered course takers, 99Bitcoins is an authority in the crypto education space.
Its prominence in the industry has helped it raise over $2.2 million in its presale – a significant milestone as it introduces its innovative Learn-to-Earn (L2E) model, rewarding users for mastering the fundamentals of crypto.
At the core of its new rewards system lies $99BTC, an Ethereum-based token crucial for unlocking exclusive access to advanced crypto education content, market signals, VIP groups, and more.
The token is currently available at its presale price of $0.00111 per $99BTC and will increase to $0.00112 in less than seven days as it moves on again to the next presale phase.
Potential investors must act quickly to secure their tokens. 99Bitcoins is one of the most talked-about presales of 2024, and its token value is expected to soar upon its planned launch on decentralized exchanges (DEXs) in Q3.
Bitcoin Dips, More Users Join – A Prime Opportunity for 99Bitcoins to Shine?.
After a solid first three months in 2024, the second quarter has not been too kind to Bitcoin ($BTC). Since its peak in March, it has shed off 17% of its value, with nearly a 10% decline occurring in June alone.
Several factors have contributed to this selling pressure.
For instance, Germany has begun selling its seized 50,000 BTC supply from the operators of Movie2k, which is now valued at over $3 billion at current prices.
Another significant development is Mt. Gox’s June 24 announcement regarding the repayment of over $9.4 billion worth of Bitcoin to approximately 127,000 creditors, who have waited over a decade to recover their funds. This could further intensify selling pressure.
On the regulatory front, concerns arise as the CFTC monitors Jump Trading, accused of conspiring with Terra founder Do Kwon to manipulate Terra’s UST price – a controversial issue reminiscent of events that catalyzed the 2022 crypto winter.
Additionally, there’s apprehension about potential Fed interest rate hikes, which could raise borrowing costs and impact investments in the crypto sector.
Nevertheless, amidst Bitcoin’s...
https://cryptonews.com/news/bitcoin-slump-learn-to-earn-token-99bitcoins-might-be-your-best-buy-during-this-dip.htm
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bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
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